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Ferrari have confirmed that Mattia Binotto has resigned from his role as team principal and will not be continuing with the team in 2023.
Ferrari have announced that Team Principal Mattia Binotto will be leaving the team on December 31st. They confirmed Binotto’s resignation at Ferrari.com.
Statements from Ferrari
In his announcement, Binotto said:
“With the regret that this entails, I have decided to conclude my collaboration with Ferrari.
“I am leaving a company that I love, which I have been part of for 28 years, with the serenity that comes from the convinction that I have made every effort to achieve the objectives set.”
Binotto continued saying that he will be leaving a “united and growing team. A strong team, ready, I’m sure, to achieve the highest goals.” This season of Formula One started off on a strong foot for Ferrari as they looked to be fighting for the championship. But sadly, many issues arose and they were left battling for P2.
Whilst he is resigning, Binotto still has faith in Ferrari. He said in his statement that he thinks resigning is the right “step at this time” despite it being a “hard” decision.
Benedetto Vigna of Ferrari also expressed his gratitude to Binotto. In the statement released by Ferrari, Vigna said:
“I would like to thank Mattia for his many great contributions over 28 years with Ferrari and particularly for leading the team back to a position of competitiveness during this past year.
“As a result, we are in a strong position to renew our challenge, above all for our amazing fans around the world, to win the ultimate prize in motorsport. Everyone here at the Scuderia and in the wider Ferrari community wishes Mattia well for the future.”
Binotto’s time at Ferrari
Binotto was appointed as team principal in January of 2019, having spent his entire career as a mechanic at Maranello. But since taking over from Maurizio Arrivabene, the Italian has faced his fair share of challenges in getting F1’s most decorated team back to the front of the grid.
Despite a dominant first outing in Bahrain, Ferrari suffered one disappointing defeat after another in 2022. They eventually falling miles short of Red Bull and almost being caught by Mercedes in the constructors’ standings.
It is not yet clear who will step in to replace Binotto in 2023. However, rumours have started to circulate that Alfa Romeo’s Frédéric Vasseur is the most likely candidate. Ferrari’s new Team Principal is expected to be confirmed in the New Year.